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翻訳と辞書　辞書検索 [ 開発暫定版 ] スポンサード リンク Jaimovich–Rebelo preferences ： ウィキペディア英語版 Jaimovich–Rebelo preferences Jaimovich-Rebelo preferences refer to a utility function that allows to parameterize the strength of short-run wealth effects on the labor supply, originally developed by Nir Jaimovich and Sergio Rebelo in their 2009 article ''Can News about the Future Drive the Business Cycle?''〔 〕 Let $C\_t$ denote consumption and let $N\_$ denote hours worked at period $t$. The instantaneous utility has the form $$ u\left( } \right) = \frac^X_ \right)^-1}, where $$ X_ = C_^X_^. It is assumed that $\backslash theta>1$, $\backslash psi>0$, and $\backslash sigma>0$. The agents in the model economy maximize their lifetime utility, $U$, defined over sequences of consumption and hours worked, $$ U = E_ \sum_^ \beta^u\left( } \right), where $E\_$ denotes the expectation conditional on the information available at time zero, and the agents internalize the dynamics of $X\_t$ in their maximization problem. == Relationship to other common macroeconomic preference types == Jaimovich-Rebelo preferences nest the KPR preferences and the GHH preferences. 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「Jaimovich–Rebelo preferences」の詳細全文を読む スポンサード リンク 翻訳と辞書 : 翻訳のためのインターネットリソース Copyright(C) kotoba.ne.jp 1997-2016. All Rights Reserved.